Global  

Trusted News Discovery Since 2008
One News Page
One News Page > News Videos > United States Senate > Tempers rise in U.S. Senate as vote nears on $2 trillion coronavirus bill

Tempers rise in U.S. Senate as vote nears on $2 trillion coronavirus bill

Video Credit: Reuters Studio - Duration: 02:40s - Published
Tempers rise in U.S. Senate as vote nears on $2 trillion coronavirus bill

Tempers rise in U.S. Senate as vote nears on $2 trillion coronavirus bill

U.S. senators were set to vote on a $2 trillion bipartisan package of legislation to alleviate the devastating economic impact of the coronavirus pandemic, although critics from the right and left threatened to hold up the bill.

Lisa Bernhard has more.

0
shares
ShareTweetSavePostSend
 

Tempers rise in U.S. Senate as vote nears on $2 trillion coronavirus bill

(SOUND BITE) (ENGLISH) SENATE MAJORITY LEADER MITCH MCCONNELL, SAYING: “The senate has reached a bipartisan agreement on a historic relief package for this pandemic.” Help is finally on the way.

(SOUND BITE) (ENGLISH) SENATE MINORITY LEADER CHUCK SCHUMER, SAYING: “Big help, and quick help.” That’s the message from the U.S. Senate Wednesday, which reached an agreement on the $2 trillion bipartisan stimulus package to alleviate the devastating economic impact of the coronavirus pandemic – the largest rescue package in American history.

Among the elements: Direct payments of up to $3000 to American households.

Up to $500 billion in "liquidity assistance" for distressed industries, including hard-hit airlines, doled out with congressional oversight.

Businesses owned by President Trump, other administration officials and members of Congress are not eligible for assistance.

$250 billion to expand unemployment insurance.

Payments would increase by up to $600 per week per worker and last for up to four months, said Senate Democratic Leader Chuck Schumer, who also noted that $100 billion will go to the healthcare system.

(SOUND BITE) (ENGLISH) SENATE MINORITY LEADER CHUCK SCHUMER, SAYING: “There is much more money for our hospitals, for our nurses and physicians for our nursing homes, for our community and health centers to do the job they need to do.” $350 billion will go to small businesses loans, with billions more for education, mass transit systems, local governments and non-profits.

The stimulus package amounts to nearly half of what the U.S. government spends annually.

And yet, for New York – which accounts for nearly half of all coronavirus cases in the U.S. – the package is “terrible,” said New York Governor Andrew Cuomo, who noted that the $3.8 billion allocated for his state falls way short of need.

(SOUND BITE) (ENGLISH) NEW YORK GOVERNOR ANDREW CUOMO, SAYING: “3.8 billion dollars sounds like a lot of money, but we’re looking at a revenue shortfall of 9, 10, 15 billion dollars.” And it is still unclear how fast the bill will get to President Trump to sign into law, as the Senate still has to vote on it.

Some Republicans late Wednesday said the language needed to be changed to ensure laid-off workers would not be paid more than they earned on the job.

In response, Democratic Senator and presidential candidate Bernie Sanders said he was prepared to block the bill if Republicans do not drop their objections.

After a Senate vote, the bill then moves to the House of Representatives, where House Speaker Nancy Pelosi said it may undergo some changes.



Recent related news from verified sources

Trump signs $2 trillion stimulus bill

Trump signs $2 trillion stimulus billUS President Donald Trump on Friday signed into law the largest economic stimulus package in American...
WorldNews - Published


You Might Like


Tweets about this

AlAwdaROR

Al-AwdaROR RT @Resistance48: Tempers rise in Senate as vote nears on $2T relief bill https://t.co/lPFrEkstZa 2 days ago

PatriciaVanHor4

Patricia VanHorn Tempers rise as U.S. Senate awaits vote on $2 trillion coronavirus bill https://t.co/RbY1FEJOLD 1 week ago

johnbosco_amah

Johnbosco Amah RT @TRUMPMOVEMENTUS: Tempers rise as U.S. Senate awaits vote on $2 trillion coronavirus bill https://t.co/vXDvbYIwSe 1 week ago

thomasHburchet1

#MAGA WARRIOR RT @TomBurchett: Tempers rise in Senate as vote nears on $2T relief bill https://t.co/HvRl3BQrEy 1 week ago


Recent related videos from verified sources

U.S. Coronavirus Deaths May Peak Mid-April [Video]

U.S. Coronavirus Deaths May Peak Mid-April

The Corona Virus pandemic has changed the world. Every day, we learn new information about the virus. Spain reported more than 700 new coronavirus deaths, surpassing the total number of fatalities in..

Credit: Wochit     Duration: 00:28Published
Nancy Pelosi Calls For Recovery Bill On Coronavirus Outbreak While Trump Wants $2 Trillion For Infrastructure [Video]

Nancy Pelosi Calls For Recovery Bill On Coronavirus Outbreak While Trump Wants $2 Trillion For Infrastructure

U.S. Republican lawmakers are wary over Democratic plans to create another large spending bill. House Speaker Nancy Pelosi said Congress needs a bill related to the recovery of the outbreak.But Senate..

Credit: Wochit     Duration: 00:32Published


Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2020 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.